Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 1532.51 to 2146.77 . 1819.6 (53.26%) .
Intermediate 2146.77 to 1860.91 . . 2048.43 (65.60%)
Short 2048.43 to 1950 . . 2030.7 (81.99%)